Bastard Keynesianism: The Evolution of Economic Thinking and Policy-Making Since World War II [Paperback]

The thinking of John Maynard Keynes is still relevant to successful development of the advanced capitalistic system as is shown by evolution of economic thinking since World War II. The changes in economic thinking in the United States and in the world are described, with a chapter devoted to each presidency from Eisenhower to Clinton. The importance of Military Keynesianism in winning the Cold War is described along with similarities and differences between the various national administrations.LYNN TURGEON is Professor Emeritus of Economics at Hofstra University. He is the author ofThe Contrasting Economics(1963 and 1969),The Advanced Capitalist System(1980), andState and Discrimination(1989).

Preface
Introduction
Classical Keynesian Thinking
Economic Thinking during and after World War II
Eisenhower and the Rejection of Military Keynesianism
The Return of Military Keynesianism under Kennedy-Johnson
Conversion of President Nixon to Non-Military Keynesianism
The Non-Military Non-Keynesian Ford Interregnum
Jimmy Carter, the Populist and Military Non-Keynesian
Military Keynesian and Supply-Side President Ronald Reagan
George Bush, Another Non-Military, Non-Keynesian President
Can President Clinton Become a Non-Military Keynesian?
The Unraveling of Classical Keynesian Economics in the United States over the Past Half-Century
Where Do We Go from Here?
What Would Keynes Say Today?
Appendix A: Development of Keynesianism within the History of Economic Doctrines
Appendix B: What Is Military Keynesianism (and What Is the Alternative)?
Appendix C: Thinking about the Partial Devaluation of the Dollar
Appendix D: Incomes Policies at Home and Abroad
Appendix E: How Keynesian Are the Canadians?
Notes
Glossary
Annotated Bibliography